4217 Main St Downers Grove, IL 60515
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About this home
Stop Scrolling-This Home is a Perfect 10! Completely updated. Move-in ready. Quick closing available. Everything you've been searching for - and more - awaits inside this masterfully reimagined Downers Grove gem. Special Financing Available - Rates in the FOUR'S'! This home isn't just stunning-it's smart. Qualified buyers can access exclusive financing with rates in the low FOUR'S', saving over $450 per month compared to typical market rates. That's $5,400 a year back in your pocket - money you can use for what really matters. Call the listing agent today for confidential details on how to lock in this limited-time opportunity. Exceptional homes like this, with financing this good, don't stay on the market long. Stylish & Spacious Living Step through the front door onto gleaming, refinished oak hardwood floors that flow through a sun-drenched living room and into a sophisticated L-shaped dining area. The open layout creates an inviting atmosphere, perfect for both cozy evenings and lively entertaining. A Chef's Dream Kitchen. The heart of the home features all-new custom cabinetry, pristine countertops, and a full suite of stainless-steel appliances. The breakfast bar ties it all together-the ideal gathering spot that connects kitchen and dining for effortless hosting. Serene Bedrooms & Spa-Inspired Baths Three tranquil bedrooms offer peaceful retreats, including a beautifully remodeled shared master bath. Downstairs, a large family room is perfect for game nights or movie marathons-complete with a stunning full bath featuring a custom-tiled, spa-quality shower. Your Private Outdoor Oasis. Enjoy your morning coffee on the charming front porch, then entertain on the spacious back deck or patio within a fully fenced yard. Every detail has been crafted for comfort and style. Prime Location Close to award-winning Downers Grove North, Herrick Jr. High, and Highland Elementary. Minutes to Good Samaritan Hospital, Yorktown Center, Metra, parks, restaurants, and shops - everything you need is right here. LIMITED TIME OFFER - RATES SUBJECT TO CHANGE WITHOUT NOTICE. CALL NOW!
Source: MRED #12501306
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.